Gross Domestic Product

President Bola Ahmed Tinubu has announced plans to grow Nigeria’s economy from $450 million Gross Domestic Product to $1 trillion in eight years. Temitope Ajayi, Senior Special Assistant to the President on Media and Publicity, said Tinubu…

By Kazeem Ugbodaga With a population of over 22 million, Lagos State in Southwest Nigeria is by far the most populous state in Nigeria; the nation's economic hub and commercial nerve centre. The State has one of the largest economies in…

Razaq Bamidele Presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, visited Ogun State where he gave the State Governor, Prince Dapo Abiodun a pat on the back for a good job he is doing in the state.…

Governor Babajide Sanwo-Olu of Lagos State, on Thursday, witnessed the virtual landing of the Google Equiano Sea Cable System in Nigeria, saying the country would enjoy a boost of 1.6 million jobs and $10 billion in additional Gross…

President of the African Development Bank (AfDB), Mr. Akinwumi Adesina, has said the lack of reliable power supply is affecting the growth of industries in Nigeria. Mr. Adesina said this, on Tuesday, while speaking at the 49th annual…

Dangote’s $2 billion Petrochemical Plant located in Ibeju-Lekki, Lagos State, is designed to produce 77 different high-performance grades of polypropylene in the country. With a turnover of $1.2 billion, the 900,000 metric tonnes per…

Nigeria has recorded a Gross Domestic Product (GDP) growth of 5.01% in the second quarter of 2021. This is the highest economic growth recorded under the President Muhammadu Buhari administration in six years. READ ALSO: …

The Senate, on Tuesday, commenced amendment of Nigeria’s copyright laws in a direction that seeks stiffer punishment for violators and persons involved in piracy. The move to amend the country’s copyright laws followed the consideration…

Nigeria has been ranked as 20th poorest country in the world. Countries' economies are ranked based on their Gross Domestic Product (GDP) per capital and how it affects the economic stability of an average person staying in those…

BABAJIDE OKEOWO Nigeria faces a food crisis as population growth is fast outpacing food production in the country. This is according to a report by one of the leading professional services firms, PriceWater House Cooper, PwC, which…